20h agoUSITC Upholds Import Duties on Light-Walled Pipe and Tube from Multiple Nations
The **US International Trade Commission** has decided to maintain antidumping and countervailing duties on imports of light-walled rectangular pipe and tube from **China**, **Mexico**, **South Korea**, and **Turkey**. This decision aims to protect U.S. manufacturers by preventing potential material injury to domestic industries, impacting procurement strategies in related sectors.
64 days agoHanwha Advances Canadian Submarine Bid with Local Steel Partnership
Hanwha Defence Canada is positioning itself for the Canadian Patrol Submarine Project by sourcing steel locally from Algoma Steel. This strategy aligns with Canada’s defense policy emphasizing domestic production and could significantly impact the steel and automotive sectors, generating thousands of jobs.
88 days agoSAIL Faces Major Protests Amid Planned 40% Workforce Reduction
Steel Authority of India Limited's decision to cut contractual workers by 40% has incited protests. The labor unrest could disrupt operations and impact supply chain engagements, necessitating firms to adjust procurement strategies accordingly.